Lumen Loop
All news
Articlethedefiant.ioJack Dunham2y ago

Soroban: Unlocking DeFi Opportunities with Smart Contracts on Stellar

The Defiant published an explainer video on Stellar's Soroban smart contracts platform, which expands the network beyond its original focus on low-cost payments to enable decentralized applications while maintaining support for underbanked regions.

Smart ContractsSorobanEducation
Lumen Loop's take

The Defiant released an educational explainer video covering Stellar's Soroban smart contracts platform. Founded in 2014, Stellar began as a decentralized payment network for quick, low-cost transactions, with the Stellar Development Foundation supporting ecosystem development for underserved and underbanked populations. The launch of Soroban marks a significant expansion, enabling smart contract dApps on the network and representing a major capability upgrade from Stellar's original payment-focused architecture.